January 20th, 20200Polar Baikal and Polar Piltun, crew boats part of a joint venture between GC Rieber Shipping and Prisco, have entered into new one-year charters with Sakhalin Energy Investment Company. The new agreements start June 2020, and the contract includes a one-year extension option. The vessels will be operating in the Sea of Okhotsk,...
January 14th, 20200Russian shipping major Sovcomflot (SCF) has postponed the scheduled redelivery of survey vessel to Polarcus. According to Polarcus, SCF will postpone the redelivery of the vessel until the completion of work which the company has been awarded by a third party in Asia and continues to seek further projects for the vessel after the...
December 17th, 20190Brokers tell Splash that Rainbow Maritime has sold the 115,400 dwt mini-capesize bulk carrier for $16m to Ukraine’s Profy PP . Clarkson Research’s latest weekly report noted that this is a rare deal as there have been a limited number of sales within the mini-cape sector this year. Rainbow Maritime is a low profile Hong Kong...
December 4th, 20190Russian state nuclear company Rosatom is buying non-controlling stake in logistics firm Delo Group from its main owner Sergey Shishkarev, as it ups its Northern Sea Route (NSR) shipping ambitions. Rosatom said yesterday that working with Delo, it wants to offer an NSR service "no less attractive" than existing services via Suez. Local...
November 25th, 20190Russia’s Rosatom Group has outlined how it intends to give the Suez Canal a run for its money, revealing it is in talks with Moscow-headquartered VTB Bank over a $7bn loan to help fund the acquisition of 55 ice-class boxships. Also known as the Rosatom State Nuclear Energy Corporation, Rosatom is following the heed of President...
November 21st, 20190According to Alphaliner, Russia’s Far Eastern Shipping Company (FESCO) has bought the 16-year-old 822 teu from German owner Reederei Bartels at an undisclosed price. The ship has been renamed FESCO Moneron, under Russian flag. The ice-class ship will work domestic routes and joins sister ship Fesco Magadan, which the Russian liner...
November 5th, 20190Russian state-owned shipping company Sovcomflot has entered into an agreement with domestic financial institution VEB.RF Group for the lease financing of the first ship in a series of icebreaking LNG carriers to be built to serve the Arctic LNG 2 project. In the meatime, Sovcomflot signed a long-term charter agreement with gas...
November 4th, 20190Three crew were killed in an explosion onboard a Russian tanker on Saturday near Nakhodka Port in the far east region of Russia. According to a statement by the regional branch of Russia's Investigative Committee, a gas and air mixture blast occurred onboard the 1989-built 3,300 dwt bunkering tanker on Saturday morning. No blaze was...
October 29th, 20190Russia, Kazakhstan, Kyrgyzstan, Belarus and Armenia are the latest countries to hint that they may not comply with the global sulphur cap when it starts in 64 days time. Russian energy minister Alexander Novak told Bloomberg that the burden for local shipowners from the higher fuel costs coming in from the IMO 2020 rules could prove...
October 22nd, 20190Russia is looking to set up a state-run containership operator to support its efforts to develop the northern sea route in the Arctic region, Bloomberg reports. Russia’s Deputy Minister of the Far East and Arctic Development Alexander Krutikov said in an interview that the ministry, together with Russian think-tank Skolkovo, is...
